Earnings Alerts

NARI Technology Co Ltd A (600406) Earnings: 1H Net Income Hits 2.71B Yuan with Strong Buy Ratings

  • NARI Tech reported a net income of 2.71 billion yuan for the first half of 2024.
  • The company generated revenue of 20.11 billion yuan during this period.
  • Earnings per share (EPS) were 34 RMB cents.
  • The company’s stock has strong support with 28 buy ratings, 1 hold, and no sells.

A look at NARI Technology Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores see a positive long-term outlook for NARI Technology Co Ltd A. The company’s strong momentum score indicates robust growth potential, while its above-average scores in dividend, growth, and resilience reflect a well-rounded profile. NARI Technology Co Ltd A‘s focus on developing, manufacturing, and selling automation products for various industrial sectors positions it as an attractive investment option.

NARI Technology Co Ltd A‘s emphasis on automation products for electricity distribution, converting stations, power plants, and industrial processes underscores its commitment to technological innovation. With solid scores across key factors like dividend, growth, resilience, and momentum, the company appears well-equipped to navigate market challenges and capitalize on future opportunities in the automation sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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